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U.S. Secretary of Commerce Gina M. Raimondo statement on Bipartisan Infrastructure Framework
Following President Joe Biden’s announcement of the $1.2 trillion Bipartisan Infrastructure Framework, U.S. Secretary of Commerce Gina M. Raimondo released the following statement
Tone shifting on Brexit protocol negotiations, Donohoe says
There has been a “shift in tone” in talks between the U.K. and EU on the Brexit trade agreement’s Northern Ireland protocol, Irish finance minister…
Suzuki motor warns chips, battery supply will remain tight
Suzuki Motor Corp. warned that supply of semiconductors and batteries may be tight into the foreseeable future as automakers shift toward electric vehicles, and is…
Banned Australian lobsters are sneaking into China via Hong Kong
Australia’s rock lobsters -- a long-prized delicacy among Chinese consumers -- may be finding their way onto mainland menus through a backdoor that circumvents a…
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Biden balances climate need with human rights in Chinese solar ban
The Biden administration’s narrowly focused ban on Chinese solar products is designed to confront alleged human-rights abuses in the Xinjiang region without stifling the fast-growing…
Commerce Department adds five Chinese entities to the entity list for participating in China’s campaign of forced labor against Muslims in Xinjiang
The Department of Commerce's Bureau of Industry and Security (BIS) added five Chinese entities to the Entity List for accepting or utilizing forced labor in…
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US blocks some solar materials made in Xinjiang region
The U.S. has barred some solar products made in China’s Xinjiang region, marking one of the Biden administration’s biggest steps yet to counter alleged human…
Private exporters report sales activity for China and unknown destinations
Private exporters reported to the U.S. Department of Agriculture the following activity: • Export sales of 132,000 metric tons of soybeans for delivery to China…
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US Secretary of Commerce Raimondo joins President Biden at US-EU Summit and advances tech and trade issues with EU and private sector leaders
On June 14-16, U.S. Secretary of Commerce Gina M. Raimondo joined President Biden, Secretary Blinken, Ambassador Tai and European Union (EU) leaders at the U.S.-EU…
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US lumber prices seen extending losses as sawmills ramp up
The price of U.S. lumber will fall further in the coming months as sawmills increase production, though demand is expected to hold strong, according to…